Foreign aid to the People's Republic of China takes the form of both bilateral and multilateral official development assistance and official aid to individual recipients.
In 1978, China and Japan had normalized the diplomatic relations. Deng Xiaoping had been to Japan to sign the treaty & seen the development of Japan. As a result, China had decided to borrow 220 million dollars in soft loan from Japan when the amount of foreign currency preparation was 167 million dollars & poured the money into social infrastructures.
In 2001 it received US$1.4 billion in such disbursements, or about US$1.10 per capita. This total was down from the 1999 figures of US$2.4 billion and US$1.90 per capita. In 2003 China received US$1.3 billion in such disbursements, or about US$1 per capita. Like other countries in recent years, the United States has rapidly lowered foreign aid to China, reaching about $12 million dollars from USAID for 2011. The aid goes to Tibetan communities, rule of law initiatives, and climate change policy. In 2011, the $3.95 designated for climate change was the subject of a critical Congressional panel hearing titled Feeding the Dragon: Reevaluating U.S. Development Assistance to China.
Some of this aid comes to the People's Republic of China (PRC) in the form of socioeconomic development assistance through the United Nations (UN) system. The PRC received US$112 million in such UN assistance annually in 2001 and 2002, the largest portion coming from the UN Development Programme (UNDP).
Famous quotes containing the words foreign, aid, people, republic and/or china:
“Let us waive that agitated national topic, as to whether such multitudes of foreign poor should be landed on our American shores; let us waive it, with the one only thought, that if they can get here, they have Gods right to come.”
—Herman Melville (18191891)
“Another appealing aspect to having grandparents is that they do help, to give [your child] a sense of continuityof his place in the world and in the generations. Not only do grandparents help him intellectually to comprehend that there are parents of parents, but they also aid him in understanding where he fits in the succession of things. Even a very young child can begin to feel a sense of rootedness and history.”
—Lawrence Balter (20th century)
“The same people who are murdered slowly in the mechanized slaughterhouses of work are also arguing, singing, drinking, dancing, making love, holding the streets, picking up weapons and inventing a new poetry.”
—Raoul Vaneigem (b. 1934)
“Universal empire is the prerogative of a writer. His concerns are with all mankind, and though he cannot command their obedience, he can assign them their duty. The Republic of Letters is more ancient than monarchy, and of far higher character in the world than the vassal court of Britain.”
—Thomas Paine (17371809)
“It all ended with the circuslike whump of a monstrous box on the ear with which I knocked down the traitress who rolled up in a ball where she had collapsed, her eyes glistening at me through her spread fingersall in all quite flattered, I think. Automatically, I searched for something to throw at her, saw the china sugar bowl I had given her for Easter, took the thing under my arm and went out, slamming the door.”
—Vladimir Nabokov (18991977)